AI Investment Is Now Driven by Proof Rather than Promise

Investors, health systems and payers have grown more selective about AI startups in recent years, according to a panel of experts speaking at MedCity News’ INVEST Digital Health conference. Customers and investors alike are now demanding clear evidence of ROI before committing to deals or partnerships. The post AI Investment Is Now Driven by Proof…

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Kailera Secures $600M to Advance Dual-Targeting Obesity Drug to Global Phase 3 Tests

Bain Capital Private Equity led Kailera Therapeutics’ Series B financing, which will support global Phase 3 tests of KAI-9531, a weekly injectable drug that hits the same targets as Eli Lilly’s blockbuster obesity medication, Zepbound. The capital will also support development of other oral and injectable metabolic medicines in Kailera’s pipeline. The post Kailera Secures…

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